New EPA Carbon Rules Will Create Quarter-Million Jobs

Posted April 22, 2015 at 5:00am

InsideClimate News looks at a new report from Industrial Economics finding that the “Environmental Protection Agency’s proposal to crack down on carbon pollution from power plants would create more than a quarter of a million additional jobs.”  

“Significant job losses at shuttered coal-fired plants and at coal mines would be offset not only by investments in cleaner sources of power, but also by productivity gains across the whole economy—and by overall reductions in wholesale prices of electricity, the authors said. Many households and businesses would end up with extra cash in hand to spend on other goods and services. The overall effect of the rules would boost economic growth, but not significantly.”